New homes coming to the shores of Lake Houston

KB Home has set its sights on several hundred acres along the west side of Lake Houston.

The national home builder has purchased 100 acres south of Will Clayton Parkway and is planning to close on nearly 300 more in the coming months, said land broker Chris Hutcheson with McAlister Real Estate. Hutcheson, along with Matt Herring and James Kadlick, represents the seller, Rockspring Capital, in the land sale.

Hutcheson said this site is the “last remaining tract of any size along West Lake Houston Parkway not already in developers’ hands.”

The land is south north of Summerwood and Generation Park, a 4,000-acre business parkexpected to house energy-efficient buildings overlooking pedestrian plazas, waterways and landscaped esplanades.

Rockspring has owned the property for eight years. The company intended to sell it earlier but was delayed by the recession when there were few buyers for residential land, Hutcheson said.

The market has changed considerably.

“We’ve got over 2,000 acres worth of residential land under contract to home builders and developers in eight different deals,” Hutcheson said. “There’s a ton of activity.”